Tag: #InsolvencyResolution

Supreme Court Upholds Piramal Capital’s Resolution Plan for DHFL

April 7, 2025

In a significant verdict, the Supreme Court on Tuesday upheld Piramal Capital & Housing Finance’s resolution plan for the defunct Dewan Housing Finance Corporation Ltd (DHFL). This decision effectively overturned the earlier order by the National Company Law Appellate Tribunal (NCLAT), which had directed the lenders of DHFL to revisit specific aspects of the resolution […]

Supreme Court Upholds Piramal Capital’s Resolution Plan for DHFLmore

NCLAT Designates NBCC as PMC to Complete 16 Supertech Projects

December 13, 2024

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) in New Delhi has designated NBCC (India) as the Project Management Consultant (PMC) for the completion of 16 Supertech projects. These projects encompass approximately 49,748 housing units spread across Uttar Pradesh, Uttarakhand, Haryana, and Karnataka. The estimated construction cost for completing these projects stands at approximately […]

NCLAT Designates NBCC as PMC to Complete 16 Supertech Projectsmore